Canada Stocks to Watch: Calfrac, CCL, Strad Energy and RioCan

Business Cory Booker Online Marketing

Calfrac Well Services Ltd. slashed its quarterly dividend by 75%, citing the fallout of low oil and gas prices on the oilfield-services industry.

CCL Industries Inc. plans to shutter a manufacturing and distribution plant in Meridian, Mississipi and move the facility’s label and binder production to Mexico.

Total Energy Services Inc. said it has dropped plans for a C$2.90-per-share takeover offer for Strad Energy Services Ltd. following Strad’s adoption of a shareholder rights plan.

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